Elon Musk’s former Bel-Air home’s price cut by $3M, faces foreclosure

The Bel-Air home, built by Los Angeles architect Robert Byrd, saw a price reduction from $12.95 million to $9.5 million, and is set to go to auction next month if it remains unsold. Continue reading

Tesla rented their listing — then used it to debut its humanoid robot

Jason Peteler of Revel Real Estate and Matthew Yim of Coldwell Banker only knew at first that an EV company had rented their listing for a few days as a filming location. They had no idea it would be the first home in which Tesla’s Optimus Robot would … Continue reading

OpenAI leaves San Francisco HQ after Elon Musk stops paying rent

The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI’s headquarters. Continue reading

Elon Musk signals foreclosure on former home of Gene Wilder

An entity tied to Musk has filed a notice of default on the property, which Wilder’s nephew purchased from Musk with the assistance of a loan from the Tesla CEO in 2020. Continue reading

VC partner: AI will be ‘as fundamental as the steam engine’

Delian Asparouhov, a partner at Founders Fund, talked on Wednesday about his plans to manufacture drugs in space and urged real estate agents to lean into tech. Continue reading

Artificial intelligence is the all-in-1 tool real estate desperately needs

Using artificial intelligence, the latest technology represents an opportunity for the real estate industry to rebrand itself at a time when solutions are sorely needed, writes Inman founder Brad Inman. Continue reading

Squatting is having a moment. Ignore it

A few high-profile squatting cases have gone viral in recent days, but no available data actually indicates the practice of unlawfully occupying property has become more frequent. Continue reading

What the Ritz Carlton can teach you about elevating client service

Want to stand out from the crowd of real estate professionals? Take a tip from Milena Monet and emulate some of the business world’s biggest names. Continue reading

Barbara Corcoran fears ‘bloodbath’ as bigwigs warn of real estate crash

In the past week, a growing chorus of public figures — from Elon Musk and Ross Perot Jr. to Barbara Corcoran and Dave Burt — have escalated their rhetoric around a looming “real estate recession.” Continue reading

‘Big Short’ investor warns of growing threat to home values

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. An investor who correctly predicted the 2008 f… Continue reading